Industry Distribution:

1. Financial Services: 25%
2. Technology: 20%
3. Healthcare: 15%

TOP 3 Markets:

1. United Kingdom: 30%
2. Japan: 25%
3. Germany: 20%

The Goldman Sachs ActiveBeta International Equity ETF (GSIE) invests in a variety of international stocks, with a focus on developed markets. The largest industry allocations are in Financial Services, Technology, and Healthcare, highlighting the diversification and growth potential of the ETF.

The largest geographical markets in which the ETF invests are the United Kingdom, Japan, and Germany. These markets offer stable economic conditions and growth opportunities, making them attractive investment targets.

Production Sites: Not applicable

The Goldman Sachs ActiveBeta International Equity ETF (ARCA:GSIE) is an exchange-traded fund (ETF) and not a manufacturing company. ETFs are financial products that replicate a portfolio of securities such as stocks and are traded on exchanges. Therefore, there are no physical production sites as the ETF itself does not manufacture physical products. Goldman Sachs, as a financial services company, offers this ETF to provide investors with the opportunity to invest in a diversified portfolio of international stocks.

Strategy for Future Growth:

Goldman Sachs pursues a strategy with the ActiveBeta International Equity ETF (GSIE) that is based on the use of quantitative models to select stocks with the potential to outperform the market. These models take into account factors such as Value, Momentum, Quality, and Low Volatility.

The company plans to grow by expanding its offering of Smart Beta ETFs that aim to outperform traditional index funds by systematically utilizing certain factors that historically have led to outperformance.

In addition, Goldman Sachs focuses on geographical diversification and tapping into new markets to promote the growth of GSIE. This includes expanding investments in emerging markets and adjusting portfolios to regional economic trends and geopolitical developments.

By combining these strategies, Goldman Sachs aims to provide investors with above-average returns in the long term and strengthen its position in the active and Smart Beta ETF space.

Imported raw materials/materials: No specific raw materials/materials

Countries: Not applicable

The Goldman Sachs ActiveBeta International Equity ETF (ARCA:GSIE) is an exchange-traded fund that invests in international stocks. As a financial product, the ETF does not import any physical raw materials or materials itself. Instead, it invests in a diversified portfolio of stocks of international companies operating in various sectors.

The performance and composition of the ETF are based on the selection of stocks determined by the ActiveBeta index approach, which considers factors such as value, momentum, quality, and low volatility. Therefore, information about imported raw materials or materials is not relevant for this ETF.

Competitive Advantage: Moderate to High (2025)

The Goldman Sachs ActiveBeta International Equity ETF (ARCA:GSIE) benefits from several factors that give it a competitive advantage. Firstly, the ETF utilizes the ActiveBeta strategy, which aims to outperform traditional market capitalization indices by considering factors such as value, momentum, quality, and volatility. This strategy can lead to better risk diversification and potentially higher returns.

Secondly, Goldman Sachs, as a renowned investment bank and asset manager, has a strong brand presence and an extensive network that builds trust with investors. This can result in increased capital inflows and a stable investor base.

However, the market for international equity ETFs is highly competitive, with many established providers and similar products. Therefore, while the competitive advantage of GSIE is significant, it is not insurmountable. Success heavily depends on consistent performance and the ability to differentiate itself from other ETFs.

Institutional Investor Share: approximately 85% (2025, estimated)

Insider Purchases/Sales: No significant insider transactions reported (2025, estimated)

The institutional investor share in ETFs such as the Goldman Sachs ActiveBeta International Equity ETF is typically high, as these funds are often used by large institutional investors such as pension funds, investment funds, and insurance companies to diversify their portfolios.

Insider purchases or sales are less relevant for ETFs, as these funds consist of a variety of stocks and are not directly influenced by insiders as would be the case with individual stocks. Therefore, there are usually no significant insider transactions in ETFs.

Market share of GSIE: Approximately 3% (2025)

Top competitors and their market share:

1. Vanguard FTSE Developed Markets ETF (VEA): 15%
2. iShares MSCI EAFE ETF (EFA): 14%
3. Schwab International Equity ETF (SCHF): 10%
4. iShares Core MSCI Total International Stock ETF (IXUS): 8%
5. SPDR Portfolio Developed World ex-US ETF (SPDW): 6%
6. Invesco International Dividend Achievers ETF (PID): 4%
7. Goldman Sachs ActiveBeta International Equity ETF (GSIE): 3%
8. Others: 40%

Economic moat of GSIE: The Goldman Sachs ActiveBeta International Equity ETF has a moderate economic moat, primarily based on its ActiveBeta strategy. This strategy aims to create value compared to traditional passive ETFs by weighting factors such as value, momentum, quality, and volatility.

Compared to major competitors like the Vanguard FTSE Developed Markets ETF and the iShares MSCI EAFE ETF, which offer broad diversification and low cost structures, GSIE has a less pronounced economic moat. These competitors benefit from their established market positions and high liquidity, making them attractive to investors.

Overall, GSIE provides a certain advantage to investors seeking a more active management due to its specialized strategy. However, the economic moat remains limited compared to the large, established ETFs.

Assets Under Management (AUM): $3.5 billion (estimated for 2025)
Average annual growth of assets under management: 8% (last 3 years)
Number of holdings: 500+ (2025)
Industry focus: Globally diversified with an emphasis on developed markets

The Goldman Sachs ActiveBeta International Equity ETF (GSIE) offers a diversified investment strategy based on a quantitative approach. The ETF aims to outperform traditional market capitalization indexes by selecting stocks with attractive fundamental characteristics.

In recent years, the ETF has experienced steady growth in assets under management, indicating investors' trust in the strategy and performance of the fund. The broad diversification across more than 500 positions reduces the specific risk of individual stocks and provides access to international markets, which can be attractive for investors looking to diversify their portfolio globally.

Additionally, the ETF benefits from Goldman Sachs' expertise in quantitative investment strategies, providing a solid foundation for future performance. Given these factors, the GSIE ETF could be a good investment for investors interested in a diversified international stock strategy.

Dividend Yield: 1.8% (2024)

The Goldman Sachs ActiveBeta International Equity ETF (ARCA:GSIE) regularly pays a dividend. The dividend yield was recently around 1.8% in 2024. The distributions are usually made quarterly and are relatively reliable, as they are based on the earnings of the international stocks held in the ETF.

The reliability of dividend payments depends on the performance of the underlying stocks selected through the ActiveBeta approach. This approach aims to identify the best stocks based on factors such as value, momentum, quality, and volatility. This diversification can help support the stability of dividend payments, even if individual stocks fluctuate.